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Subjects: GOVERNMENT CONTRACTS, ECONOMIC NEWS/TRENDS/ANALYSIS

Investing in education generates fiscal and economic benefits according to new study by the Conference Board of Canada: OSSTF/FEESO


TORONTO, June 19, 2019 (GLOBE NEWSWIRE) -- The Ontario Secondary School Teachers' Federation (OSSTF/FEESO) is pointing to a newly commissioned report based on research by the Conference Board of Canada as evidence that provincial cuts to public education could impact high school graduation rates and lead to higher fiscal costs for the Ontario government.

The report, entitled The Economic Case for Investing in Education, examines the impact of public education on the economy in Ontario. It was released today at an Empire Club of Canada luncheon.

The report's key findings include:

"These findings are a clear indication that investment in public education benefits all of us by bolstering the economy and potentially reducing the costs of other programs and services," said OSSTF/FEESO President Harvey Bischof. "It's also clear that the damage done when education is cut extends far beyond the school system and the students who rely on it."

"We have always taken the position that public education is an investment in Ontario's future, and this research provides solid evidence that this is true," continued Bischof. "In light of this evidence, we will be urging the Ford government to look closely at this Conference Board of Canada report, and to seriously reconsider the cuts it has planned for education in Ontario."

To download a copy of the report, please follow this link: http://bit.ly/32FHGRV 

OSSTF/FEESO, founded in 1919, has 60,000 members across Ontario. They include public high school teachers, occasional teachers, educational assistants, continuing education teachers and instructors, early childhood educators, psychologists, secretaries, speech-language pathologists, social workers, plant support personnel, university support staff, and many others in education.

Contact:         
Harvey Bischof, President
Ontario Secondary School Teachers' Federation
416-751-8300

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd277cfa-b3c0-463e-a85e-541edcf41f9c



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